Developers sold 466 private homes (excluding executive condominiums) in January, down 57 per cent from the year-ago period, as 2026 opened with two projects launched in the first month of the year….
Category: News-At-A-Glance
One Raffles Place expected to be put on the market at S$2.3 billion to S$2.4 billion
All the owners of One Raffles Place, which is situated above and with a direct underground link to the Raffles Place MRT station, are understood to have come together and have appointed…
Andre Tanoto-linked vehicle in option to buy 158 Cecil Street for S$175 million
An entity understood to be linked to Andre Tanoto’s Altallo asset management business has entered into a put and call option agreement for the purchase of an office building at 158 Cecil…
Land betterment charges upped 4.1% on average for non-landed residential, 4% for landed residential uses
On 27 February 2026, the government announced the latest land betterment charge (LBC) rates for the six months starting on Mar 1. Only rates for the hotel/hospital/nursing home use group were left…
10 new sites, including Jurong Lake District carve-out, up for sale in H1 2026 GLS programme
Ten new sites will be on offer under the government land sales (GLS) programme for private residential housing in the first half of 2026 – seven on the confirmed list and three…
October surge could push developers’ new home sales for 2025 to four-year peak
New project launches in October recorded strong sales amid renewed home buying momentum, potentially pushing developer sales for the whole of 2025 to their highest in four years. Excluding executive condominiums (ECs),…
Luxury condo sales rebound to levels before 2023 ABSD hike, buoyed by PR, Singaporean buying
Sales of high-end condominiums rebounded this year, even as stiff stamp duty barriers have deterred foreign buyers and depressed investment demand since 2023. Factors driving sales in 2025 include lower borrowing costs,…
Private home buyers to get better protection with revamped rules
At the 66th anniversary dinner of the Real Estate Developers’ Association of Singapore (Redas) held at Shangri-La hotel on 13 Nov, National Development Minister Chee Hong Tat said that regulatory changes will be made to safeguard…
HarbourFront Centre to close second half of 2026 for redevelopment; cruise and ferry terminal not part of new building
HarbourFront Centre will close in the second half of 2026 to be redeveloped into a 33-storey building with office and retail spaces. It will not include the ferry and cruise terminal, which…
Economists raise 2025 Singapore growth forecasts on strong Q3, but stay cautious on 2026
Private-sector economists followed the Ministry of Trade and Industry’s (MTI) lead in raising their 2025 growth forecasts for Singapore, after better-than-expected third-quarter figures were released on Nov 21. Most also upgraded their…